Thursday, December 5, 2024

Minister of Finance discusses joint cooperation with World Bank representative in Iraq, 5 DEC

 Minister of Finance discusses joint cooperation with World Bank representative in Iraq

Tuesday 03 December 2024 | Economic Number of readings: 352  Baghdad / NINA / Minister of Finance Taif Sami Mohammed discussed today, Tuesday, with the World Bank Representative in Iraq, Jean-Christophe Carret, ways to enhance cooperation between Iraq and the World Bank to support development projects and economic reforms.

The Minister of Finance stressed to the Bank Representative: "The importance of partnership with the World Bank in financing programs aimed at achieving sustainable development, expressing at the same time her welcome to Emmanuel Salinas, who was appointed as the new representative of the Bank to Iraq instead of Richard Abdel Nour, whose duties in Iraq ended last November, wishing him success in his new tasks and supporting development relations between the two sides in a way that achieves the interests of Iraq and its people.

The Minister stressed: "The Iraqi government's keenness to implement financial and economic reforms to ensure the stability of the national economy. It is working to implement these reforms with the aim of enhancing sustainable growth, improving the management of financial resources, combating corruption, and strengthening transparency in government institutions.

For his part, the World Bank representative praised the Iraqi government's efforts to improve the economic environment and implement programs that enhance transparency and efficiency, expressing the bank's readiness to provide more technical and financial support in line with Iraq's development priorities.

The two sides agreed to continue coordination and joint work to achieve strategic goals and enhance economic stability in the country. /  https://ninanews.com/Website/News/Details?key=1172536

REINALDO JC: The pressure & exposure is on the Kurdistan Govt to deliver what was promised, 5 DEC

REINALDO JC
🚨Iraq🚨 This is getting spicy & time is running out in Iraq to deliver what was promised to the Iraqi citizens!!! Sudani exposed Kurdistan Regional Govt by not complying to the federal budget law/(HCL) & Iraq Govt will NOT send salaries to that region to pay their ppl, if it’s not signed & delivered to the State Organization for Marketing of Oil (SOMO). PM Sudani also revealed to Iraqi lawmakers that the Kurdistan Region produces 270,000 barrels of oil daily, using part for domestic consumption and selling the rest on the black market to Iran. He added that Baghdad has warned Tehran that such transactions are ILLEGAL. They wanted to keep this as a secret meeting today but…⬇️ The pressure & exposure is on the Kurdistan Govt to deliver what was promised. The ball is in your hand you thieves.👇
Quote
Zoom News
@zoomnewskrd
#BREAKING: Prime Minister Mohammed Shia al-Sudani told Iraqi lawmakers that the Kurdistan Regional Government (KRG) has failed to comply with any articles of the federal budget law, warning that no funds will be sent to the Region unless it delivers its oil to the State
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GIF

Why You Shouldn't Travel to Iraq for Dinar Revaluation Exchange Currency ‪@DINARREVALUATION

 


EXCERPT FROM MARKZ: BANK STORY, 5 DEC

EXCERPT FROM MARKZ

Member: COPIED Bank story. Called bank yesterday. Senior banker told me….
Can't say much but big news to his bank today and all he really can really say is that I can hold my breath….. 
I've been giddy all night

TIDBIT FROM FRANK26, 5 DEC

 Frank26 

 Question: "In the past you said if the dinar comes out at $3.22 you'll dump all your dinar in one shot.  Do you still believe that?

 Yeah, because look at my age...This December 20th I'll be 69.  At my age, if it comes out at $3 something, shoot I'm going to exchange all of it because at my age I don't want to wait another year or two to watch it go up.  Why should I gamble for it to go into the four, five or whatever range. 

 I'm happy with three something.  I'm ecstatic with $3 something because I make money with money.  I don't 'use' money.  If you don't understand that statement then you might be in trouble with your stewardship...


MNT GOAT : the Project to Delete the Zeros is still set for late Decembe...

Why is Al-Sudani hosted tomorrow’s session? Parliamentary reveals, 5 DEC

 Why is Al-Sudani hosted tomorrow’s session? Parliamentary reveals

A member of the House of Representatives revealed the reason for hosting Prime Minister Mohammed Shia Al-Sudani in the session of the House of Representatives tomorrow, Wednesday.

Sarwa Abdul Wahid Farat said: “Hosting tomorrow was at the request of the Sudanese, who wants to clarify matters regarding the security situation in Iraq and the effects of the Syrian situation on the country. Based on this request, it was decided to add it to host it on the agenda of the session.”


She expected that “MPs will ask a lot of questions, including leaks, employee salaries and others.”
“We want the Sudanese to listen to the Kurdistan Region and the salaries of its employees,” Abdul Wahid added.
It is noteworthy that the House of Representatives will hold a regular session and its agenda includes hosting the Prime Minister.